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Bank of Canada cuts rates
Bank of Canada cuts rates, says tariff war could be very damaging
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major economic damage.
Bank of Canada cites Trump tariff threats in decision to cut key interest rate to 3%
Bank of Canada governor Tiff Macklem said that there is not much central bankers can do to offset the economic consequences of a trade war with the U.S.
What a sixth Bank of Canada interest rate cut could mean for mortgages as tariffs loom
A series of five consecutive Bank of Canada (BoC) interest rate cuts through 2024 has offered some relief to mortgage holders and at least a flicker of movement in the housing market, but U.S. President Donald Trump’s tariff threat might blunt the effects of today's rate reduction on household budgets.
Bank of Canada likely to cut rates by 25bps, give tariff impact analysis
The Bank of Canada will most likely trim its key benchmark rate by 25 basis points this week and is widely expected to offer an analysis on the impact of potential U.S. tariffs, economists and analysts said.
Trump, Canada and Mexico
Trump commerce nominee says Canada, Mexico can avoid tariffs, vows stronger China tech curbs
President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can avoid looming U.S. tariffs if they act swiftly to close their borders to fentanyl,
Trump's tariff threat worked on Colombia, but his plans for Canada and Mexico carry higher stakes
President Donald Trump has already forced Colombia to accept deportees by threatening tariffs and is readying the same move against Canada and Mexico as soon as Saturday
US commerce nominee says Canada and Mexico can avoid tariffs
Trump has said he is considering imposing 25% tariffs on both countries by 1 February. He has previously tied the tariffs threat to ending illegal migration and drugs crossing into the US through its southern and northern borders.
7h
on MSN
Canada minister says any US tariff response would not single out Alberta
Any Canadian response to U.S. tariffs will be regionally fair and equitable and not single out Alberta, Canada's main ...
7h
on MSN
Trump team details two phases of tariff threats on Canada
The U.S. is threatening a two-stage tariff plan in which Canada and Mexico could get hit with initial trade penalties within days then face broader penalties this spring.
The News International
9h
Canada announces support for workers, businesses amid Trump’s tariff threats
OTTAWA: The Canadian government has pledged to offer financial aid on the scale seen during the COVID-19 pandemic to support ...
5h
Canada’s social-democrats advocate “national unity” to wage tariff war on US
The impending Canada-US trade war is a reactionary conflict between rival imperialist powers that will be waged at the ...
Mexico News Daily
6h
Sheinbaum thinks Trump 25% tariff won’t happen: Wednesday’s mañanera recapped
Mexico's president on Wednesday said her nation is in dialogue with the White House and was confident that the 25% tariff isn ...
1d
Linamar Corp. Invests in Canada EV Research Amid Tariff Threats
A Canadian auto parts maker will earmark nearly C$1 billion ($695 million) in a series of electric vehicle technology ...
2d
on MSN
Canadian PM hopeful lays out plan to fight Trump’s tariff threats ‘where it hurts’
Chrystia Freeland, the former finance minister who is running to replace Justin Trudeau as Canada's prime minister, says her ...
1d
on MSN
Singh suggests NDP could help Liberals pass Trump tariff relief
NDP Leader Jagmeet Singh said Tuesday he is open to working with the Liberal government to pass relief measures for workers ...
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